Sicily By Car SpA (FRA:5LC) Change In Inventory : €0.0 Mil (TTM As of Dec. 2023)

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What is Sicily By Car SpA Change In Inventory?

Sicily By Car SpA's change in inventory for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Sicily By Car SpA's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Sicily By Car SpA's change in inventory for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means Sicily By Car SpA's inventory declined by €0.0 Mil from Dec. 2022 to Dec. 2023 .

Sicily By Car SpA's Total Inventories for the quarter that ended in Dec. 2023 was €0.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sicily By Car SpA's Days Inventory for the quarter that ended in Dec. 2023 was 0.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sicily By Car SpA's Inventory Turnover for the quarter that ended in Dec. 2023 was 386.88.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Sicily By Car SpA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Sicily By Car SpA Change In Inventory Historical Data

The historical data trend for Sicily By Car SpA's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sicily By Car SpA Change In Inventory Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-0.12

0.03

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	-	-	-	-	-

Sicily By Car SpA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Sicily By Car SpA (FRA:5LC) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Sicily By Car SpA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.176	/	68.09	*	365 / 2
	=	0.47

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Sicily By Car SpA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	68.09	/	0.176
	=	386.88

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Sicily By Car SpA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.176	/	66.83
	=	0.00

Sicily By Car SpA Change In Inventory Related Terms

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Sicily By Car SpA (FRA:5LC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (FRA:5LC) » Definitions » Change In Inventory

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SBC:Italy

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

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